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Month-Old Deepmind Spinout Nears $4bn on 'Future Capability' Bet

Summary by City AM
A British AI startup founded just last month by three former Google Deepmind researchers is nearing a $4bn (£2.9bn) valuation – despite having no product or website. Emulate is in advanced talks to raise as much as $700m in a seed funding round led by Index Ventures and Lightspeed Venture Partners in a deal that [...]

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UK AI startup Emulate seeks $700M seed round at $3B valuation

The surge in massive seed funding for AI startups highlights escalating investor confidence and competition in AI innovation and commercialization.

A British startup created just a month ago by former Google DeepMind researchers is close to closing a round of hundreds of millions of dollars funding, which can evaluate the company by nearly $4 billion (R$ 20.6 billion). The movement is the latest among the outstanding initiatives created by former members of the London Artificial Intelligence Laboratory. Read more (09/17/2026

·São Paulo, Brazil
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Deniz Güldağ Emulate, a British AI startup founded by former Google DeepMind researchers, is seeking hundreds of millions of dollars in new funding at a valuation of approximately $4 billion...

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vz.lt broke the news on Thursday, September 17, 2026.
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